Property score
30.4
Below average
Overall 30.4 · Smaller and older than most nearby homes
494 sqft (bottom 1%) · Built in 1907 (27 yrs older than avg)
Located in a above-average income area with median household income of ~64k
Transit 92.0 · 2-min walk to transit with 7 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 shops, and 3 parks nearby
Living Area
Below average
48% smaller than neighborhood avg.
Year Built
Below average
27 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 2%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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30.4 is composed by the two sections below.
Property Score
Community Score
Chalmers
How to read: Share of sales in each ~$50k price band for “chalmers” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110680
$64K
Median household income
$71K
Average household income
16%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
35%
Single-person households
20%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
194 Dearborn Avenue — 15 amenities found within 500 m, across 6 categories, including 1 dining (nearest 364 m), 2 education (nearest 195 m), 2 shopping (nearest 197 m).
Chalmers · WPS public data · 2026
Annual incidents
67
2026
vs. city avg
+127%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
51%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 10% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 194 Dearborn Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1907 on a standard city lot in the Chalmers neighbourhood. Its key characteristic is its extremely low assessed value, which places it in the bottom 5% of Winnipeg properties. The living area is notably compact at 494 sq ft, and the home features a detached garage and an unrenovated basement.
The primary appeal lies in its potential as a land-value opportunity or a foundational investment property. It suits buyers looking for an affordable entry into homeownership with plans to renovate or rebuild, or investors seeking a low-cost rental property. The lot size, while below average for the city, is typical for the immediate area and offers redevelopment potential. A thoughtful perspective is that its age and condition, while requiring investment, represent a blank canvas free of the premium often attached to recently updated homes. It may also appeal to those seeking to minimize property tax burdens while holding a strategic asset.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the home's age, very small living area, and the fact it has an unrenovated basement. It is primarily valued for its land and location rather than its current structure.
2. What does "below average" in the rankings mean for a buyer?
For metrics like living area and year built, it confirms the home is smaller and older than most in its comparison groups. For value, it indicates a purchase price likely well below the market median, which can mean a lower barrier to entry but also signifies a project.
3. Is the unrenovated basement finished or usable?
The listing specifies it is "not renovated," which typically means it is in a rough, unfinished state suitable for storage or mechanical systems, not living space, without significant work.
4. How does the recent sale price compare to the assessment?
The home sold for $12,700 in May 2021, which was virtually identical to its assessed value of $12,900 at that time, indicating the assessment accurately reflected its market value as a basic, unimproved property.
5. What is the realistic use for a home of this size and condition?
It is most practically viewed as a candidate for a full renovation to modernize and potentially expand the living space, or as a long-term land hold. As-is, it would suit very minimal living needs or function as a basic rental.
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